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01-25-1994 CC Rpt A14CITY OF CHIN INCORPORATED 1991 2001 Grand Avenue Chino Hills, CA 91709 (909) 590-1511 • Fax (909) 590-5646 rLL�'_-_, APPROVED FOR CITY COUNCI Finance:r,,--. City Manager: JANUARY 10, 1994 14 AGENDA DATE: JANUARY 25, 1994 TO: CITY MANAGER/CITY COUNCIL FROM: CHRIS A. VOGT, P.E., DIRECTOR OF PUBLIC WORKS/CITY ENGINEER SUBJECT: PARTIAL BOND REDUCTIONS - TRACT 13906-4, LOS RANCHOS RECOMMENDATION: 1. Authorize a partial reduction of the faithful performance bond for the road/drainage, water, sewer, and landscape improvements for Tract 13906-4 located in the City of Chino Hills, Los Ranchos. 2. Accept bond riders reflecting new amounts. DISCUSSION/JUSTIFICATION: The original agreements were accepted by the County of San Bernardino on February 20, 1990. Replacement agreements and securities under a new bonding company were accepted by City Council on August 24, 1993. The developer has requested a partial reduction of improvement securities for this project. The Public Works Department and the Parks and Landscape Division has inspected the improvements and agree that the improvements are 30 - 50 percent complete. The partial reduction of the faithful performance bond does not affect the labor/material and guarantee/warranty amounts. These bond amounts will remain in force. Owner: M.J. Brock & Sons 23382 Mill Creek Drive, Suite 130 Laguna Hills, CA 92653 Reduced Amount: Road/Drainage (132366347) Water (132366349) Sewer (B2366348) Landscape (B2366351) Council Members Ed Graham Gary G. Larson Gwenn Norton -Perry 30% $741,300 50% $127,500 50% $65,500 50% $516,106 Jim Thalman Mike Wickma A/ q CITY MANAGER/CITY COUNCIL JANUARY 10, 1994 AGENDA DATE: JANUARY 25, 1994 PAGE TWO SUBJECT: PARTIAL BOND REDUCTIONS - TRACT 13906-4, LOS RANCHOS REVIEW BY OTHERS: This item was reviewed by Steve Wright, Traffic Engineer; John Greenhut, Parks and Landscape Manager; and Linda LaPorte, Development Services Technician. FINANCIAL IMPACT: There is no financial impact. Respectfully submitted, CHRIS A. VOGT, P.E., DIRECTOR OF PUBLIC WORKS/CITY ENGINEER CAV/LL/tr Attachments TERESA\AG EN DA: PARTIAL2. LL Im TRACT 13906-4 VICINITY MAP GVANr Or CAsCLR. NOr r0 SCAIf LN BCRN IgOY O FC.... _... PCR Wvr. Na 90.069710 O.R. for xr a 40 AO S /1fr -Ap D �Ze5 s 1 Qc,, N ne C7rr ar a*vo tx4s. cowry a- sAN BER -nam, STA r£ ar C:AL/f'CVLYA TRACT NO, 139 06- 4 BDW A JteO"- OV ar A MUAW Or M rrXWS 19, PO• AAD PSR rOrAMA' P SOUK 7¢U B OFSr. AAD SEC7XW 11 IOON-V*l Z $W74 NAMZ 9 #r$r, AS r7C SYS7EL tK 6OP&WAANr "PryS AN r M EX70VIED AQW5S TAC AAArlW ,LUTA A/!A Aa Off4 BOW A PARr Qr GowEA`JfNr for J7 0- PC MM7R0 4WrA AKA OEZ OW4 ACC'OtlW ro rAf a-fXW PLAT AVC01 IX N 0" 7, PA6f I Or /NPs, &-COIWS ar 410 COWrr. C. ENGINEERS, INC. A(ARCN 10,00 INDEX f BOUNDARY MAP SHEET J OF O SHEETS SCALE.' r' - 100' .Eirti\ rf AO C""Z AIL. 77 N007r71'C rrJ/' rr N 65VJV1' E 1/IJJ' rJ N 4SV6Y5' r 97.1 r4 N 60V0ti" f /94. rJ N 7979`W r 97.: r6 N/JiVWIr /Y911' r7 N J779Vr' r 91*109' re N rJvrNr• r 4&4J* rl N HW vo'! 7a", r7o N r77r7r' r 6rir 77/ N u Jr7i r .B.PO• 77r NJOW7rr SK or 17J N1.1v9V1'r 61ST 771 N 717970 E B6JJ' //5 N 77.477' E 5696• r/6 N 05 JJ 70' r rCY.S➢. 7/7 N J07o:70• r 70.66' "s N RJrlo• r -W.04' 779 NJIv9J.1•E /J&00•